ES Journal Archive (2009 - 2010)

[saliva]

Everything hinges on 918 in my view, depending on how strong the resistance will be.

 

[Lawrence Chan]

Quote from saliva:

Everything hinges on 918 in my view, depending on how strong the resistance will be.

S2 at 14 complicated the matter.

And today has another interesting property that all 3 indices are dropping at about the same, percentage wise.

 

[Nagelis]

Quote from Lawrence Chan:

S2 at 14 complicated the matter.

And today has another interesting property that all 3 indices are dropping at about the same, percentage wise.

I have S2 as being 913.00 ? I mainly trade fx, not sure if my pivots for ES are the correct ones..

btw also worth mentioning 941 is 38.2 retracement of the 1265 sep highs to 741 nov lows. in my view 941 more important than 918... fwiw chaps.

 

[Lawrence Chan]

914.25 is RTH only S2.

Using 24 hour data will give you something different.

 

[saliva]

Quote from Lawrence Chan:

S2 at 14 complicated the matter.

And today has another interesting property that all 3 indices are dropping at about the same, percentage wise.

Well, it has yet to materialize into a full-blown stampede for the exit. It's been a mellow selloff, which looks to me like the selling interest just isn't there. Unless it picks up significantly from here, you could potentially find yourself up north, willing or not.

Needless to say, I'm just as hell frustrated as you.

 

[trackstar]

Quote from saliva:

Well, it has yet to materialize into a full-blown stampede for the exit. It's been a mellow selloff, which looks to me like the selling interest just isn't there. Unless it picks up significantly from here, you could potentially find yourself up north, willing or not.

Needless to say, I'm just as hell frustrated as you.

DUDE SUCKAGEEE. I cant believe i closed a trade up 3 points. Thats how i know i shouldnt be trading.

 

[Nagelis]

Quote from Lawrence Chan:

914.25 is RTH only S2.

Using 24 hour data will give you something different.

thanks. that explains it i suppose.

 

[BoyBrutus]

Quote from Lawrence Chan:

914.25 is RTH only S2.

Using 24 hour data will give you something different.

913.42 here

 

[mag]

Unless it can break out of this channel, I won't be making any trades today.

EDIT:

I have:

S1: 922.5
S2: 914.5
S3: 897

... I use thinkorswim charts with default settings on the pivots.

 

[Nagelis]

For ESH9 I have

r2 951.5
r1 941.00
----
s1 921.75
s2 913.00
s3 902.50

EDIT :
I use bloomberg custom calculations. they are 100 % correct for my fx levels. same formula used for ES. but i guess i use 24 hour data and not RTH.